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    5401 Wentworth Ave Chicago, IL 60609

    Sponsored
    For Lease
    $15 SF/Yr

    Chicago Executive Office Space: 750-5,126 sq ft

    Lot size:
    159,631 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Grand Blvd Plaza, located at 5401 S Wentworth Ave in Chicago, IL, offers exceptional executive office space within a vibrant retail environment. This 159,631 square foot building features multiple tenancies, with a minimum divisible space of 750 square feet and a maximum contiguous space of 5,126 square feet. Currently, 7,376 square feet of space is available for lease. The property boasts convenient access to public transportation, including the CTA Red Line and multiple bus stops located within the complex. A large on-site parking field ensures ample parking for employees and clients. The building's prime location offers high visibility from the Dan Ryan Expressway, with an estimated daily traffic count of 307,100 vehicles. Surrounding the building are various amenities, including several restaurants, shops, and a Family Dollar, creating a convenient and thriving business community. The building is equipped with elevators. This is an excellent opportunity to establish your business in a high-traffic, well-amenitized location in Cook County. The diverse mix of existing tenants, including approximately five restaurants and a nail salon, provides a synergistic environment for growth and collaboration.

    Property Features for 5401 Wentworth Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,631 SF
    Total Rate
    199538.75

    Unit(s) available at that property

    Space
    Sign03
    Size
    100 SF
    Space
    SIGN 02
    Size
    400 SF
    Rate per SF
    $35
    Space
    Outlot or Bts
    Size
    1,500 SF
    Rate per SF
    $15
    Space
    Sign04
    Size
    100 SF

    HighLights

    • Elevator access.
    • Common area entry.
    • High visibility from Dan Ryan Expressway (307,100 VPD).
    • Surrounding amenities include restaurants, shops, and a Family Dollar.
    • 24‑hour security.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dynamic Dental Services Dentist Accurate Biometrics, Inc. Fingerprinting Service Peter Francis Geraci ... Bankruptcy Attorney Hair Experts Hair Salon New Grand Chinese ... Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.63007445
    Latitude
    41.79612248

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    FAQs

    What type of property is this?
    Neighborhood center - Chicago Executive Office Space: 750-5,126 sq ft
    Where is this neighborhood center located?
    The property is located at 5401 Wentworth Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $0.00-$35 SF/Yr.
    What are key features of this property?
    This property features: Elevator access.; Common area entry.; High visibility from Dan Ryan Expressway (307,100 VPD).
    Request Owner's contact information
    5401 Wentworth Ave Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5401 Wentworth Ave Chicago, IL 60609
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